HRS-WORKS
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
HRS-WORKS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,659 and a net result of €26,659. Its solvency ranks better than 46% of 1,256 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Official details
KBO- Status
- Active since 29-03-2024 Normal situation
- Activity
- Construction of utility projects for electricity and telecommunications NACE 42220and 4 others
- Establishment unit
- 2.360.097.991 9050 Gent, since 29-03-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 30-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- €37,475
- Turnover
- ≈ €150,000
- estimated
- Profit
- €26,659
- Equity
- €27,659
- Total assets
- €67,369
Score breakdownraises riskFounded in 2024Size: total assets €67,369Figures for financial year 2025 (filed on 31-10-2025)lowers riskLiquidity: current ratio 1.70, cash €13,292Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 47% of them on solvency, 38% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Searched, nothing found (1)
Comparable companies
These companies have the same main activity as HRS-WORKS: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €51,000 and €81,900, founded between 2023 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| HRS-WORKS Gent | €67,369 | €37,475 |
| BNC TECH Gent | €55,103 | €36,982 |
| Bouchrafy-Services Dendermonde | €69,918 | €43,879 |
| HATA-TECH Lokeren | €58,542 | €35,312 |
| MYO TECHNI Hamme (Vl.) | €81,932 | €43,028 |
| COS Tech Lokeren | €50,976 | €40,778 |
| RRO ENERGY Bastogne | €69,629 | €39,715 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-10-2025
Acts in the Belgian Official Gazette
- Capital & shares · Miscellaneousact of 27-05-2025
- Capital & shares · Resignations & appointmentsact of 03-10-2024
- Incorporationact of 03-04-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1007.771.602
Key facts about HRS-WORKS
- What is the company number of HRS-WORKS?
- The company number of HRS-WORKS is 1007.771.602. The VAT number is the same number with BE in front: BE 1007.771.602.
- Where is HRS-WORKS based?
- The registered office is at Alphonse De Clercqlaan 32, 9050 Gent.Company details
- What does HRS-WORKS do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of HRS-WORKS?
- The legal form of HRS-WORKS is Private limited company (BV).
- When was HRS-WORKS founded?
- HRS-WORKS was founded on 29-03-2024.
- Is HRS-WORKS still active?
- Yes, HRS-WORKS is an active enterprise in the KBO register.
- What is the turnover of HRS-WORKS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €37,475 and 2,949 comparable companies of the same size. It probably lies between €91,000 and €270,000. It is a rough estimate.Financials
- Is HRS-WORKS profitable?
- In financial year 2025, HRS-WORKS made a profit of €26,659.
- Where can I find the annual accounts of HRS-WORKS?
- HRS-WORKS filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts 2025 (PDF)
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